I wonder if WFT will start cutting some of the top mamnagers or managers in general. There was that email about Nick Gee leaving so he has obviously been fired but there are really a lot that should have known about the issues and stopped them. I mean there appears to be a large amount of Managers in this company, and from what is happening, they don't seem to be doing a very good job...
5 replies (most recent on top)
Do you think these cheater who are responsible for this disaster to Weatherford will take care for the good people. They are there to save themselves not the company.
WFT'S WTF MANAGERS. They are good at doing nothing.
Yes, so long as they are not in the inner circle of cheaters. This company is a barely solvent (and sometimes not) pyramid scheme to enrich the leadership. They will continue to run the company into the ground and be forced to make more cuts so they are not cut. The truth is that the CEO and COO should have been run off by investors long ago, but they continue to fool investors with their trickery and cheating. If investors could only know what is really going on they would run from this house of cards. The cuts were indeed necessary but were poorly planned, unfairly executed and entirely devoid of any strategic value.
The bottom line is everybody will be cut unless they are fortunate enough to be part of a group that is sold off to some other victim of their deception.
Rearranging deck chairs on the Titanic comes to mind. Or was that monkeys at the helm of the Titanic? Anyway, you get the picture.
This is long overdue, they like the positions, right?